TSX: ASND www.ascendantresources.com • PROJECT OWNERSHIP INCREASED TO 80% • FEASIBILITY STUDY FILED ON SEDAR+ Ascendant Resources Inc. is pleased to announce that it has completed the initial NI 43-101 compliant Feasibility Study for the Lagoa Salgada Project , and has satisfied all conditions to fully exercise the earn-in option on the [...]
TSX: ASND www.ascendantresources.com Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction funding solid operating basis to drive initial production Optimization program commenced to further enhance economics Highlights of the 2023 Definitive Feasibility Study include: Post-tax NPV8% of US$147 million [...]
TSX: ASND www.ascendantresources.com is pleased to announce that an annual and special meeting of the holders of common shares of will be held at 200 Bay Street, Suite 3205, Toronto, ON M5J 2J2 at 12:00 p.m. Eastern Time on August 23, 2023. The Company applied for and obtained an extension from the Toronto Stock Exchange's requirement to hold its [...]
TSX: ASND www.ascendantresources.com UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$190 million in Export Credit Agency support via long term ECA Project Finance to cover up to 70% of pre-production costs plus additional support to cover Interest During Construction and Insurance [...]
TSX: ASND www.ascendantresources.com Ascendant Resources Inc. - announces that it and its joint venture partner, Mineral & Financial Investments AG , have agreed to an extension in the Earn-in Option Agreement for the Lagoa Salgada project to allow for the completion date of the feasibility study to be on or before August 3, 2023. In connection [...]
TSX: ASND www.ascendantresources.com • Optimization Tests Continuing for Final Grade and Recovery Profiles Ascendant Resources Inc. - is pleased to provide an update of its most recent metallurgical test results as part of its ongoing metallurgical test works which will be included in a Feasibility Study for the Venda Nova deposit at its Lagoa [...]
TSX: ASND www.ascendantresources.com Feasibility study expected in May Final Metallurgical Results Expected Shortly Appoints SD Capital Advisory and GKB Ventures to Investigate Export Credit Agency Project Finance Ascendant Resources Inc. expects to complete the feasibility study for its Lagoa Salgada Polymetallic Project in Portugal, in May 2023 [...]
Ascendant Resources Inc. is pleased to announce that it has strengthened its executive team with the addition of Mr. Michael McAllister who has been appointed Vice President, Investor Relations and Mr. Chris MacInnis who has been appointed as Director, Geology and Resources for the Company. Mike McAllister has over 19 years of experience working [...]
Ascendant Resources Inc. is pleased to announce that Mr. Clinton Swemmer has been appointed Chief Technical Officer for the Company. Previously, Mr. Swemmer held the position of Vice President of Technical Services for Ascendant. The appointment as Chief Technical Officers reflects Mr. Swemmer's significant contribution to the Company, specifically [...]
Drilling commenced at Anomaly B, a large geophysical anomaly with a potential strike of 1.3km, northwest of the North Zone at Venda Nova Drilling at Anomaly D reaches down-hole depth of 350m with evidence of proximity to sulphide mineralization TORONTO, Feb. 09, 2023 -- Ascendant Resources Inc. is pleased to announce that it has mobilized a second [...]
Program Highlights: Drilling : Met_St_04: 10m @ 2.89% CuEq from 286m ST_27: 9m @ 2.29% CuEq from 568m ST_30: 10m @ 1.97% CuEq from 423m and 3m @ 3.93%CuEq from 395m Results validate and improve conversion of inferred to indicated resources Metallurgical drill program at Venda Nova now complete Feasibility Study to be completed end April 2023 [...]
Ascendant Resources Inc. is pleased to announce that the company has engaged Synergy Enterprises , a leading firm specializing in greenhouse gas accounting and decarbonization strategies, to help Ascendant develop and execute its strategy to be a leader in low-carbon mining at its Lagoa Salgada Property in Portugal. Over the next year, Synergy will [...]
